Beau Beckett
Office: 954.420.8676
Cell: 954.815.8818
260 Crandon Blvd C40, Key Biscayne
$1,370,000
0 Bed
0 Bath
0 Acre
0 Garage
PRIME Investment Opportunity. Fully NNN(tenant reimburses for all expenses) - NOI $76,441 - 5.58% Cap - 4% Annual Increases - Unit in main plaza of Shopping Center. Rented to Narbona, a highly successful restaurant/market with other locations in the city. Shopping center located in an affluent Zip Code with a captive client base. Tenant occupies 4 units in the plaza and has recently expanded into this unit. Lease has 5 years remaining with another 5 year renewal option. High foot traffic, other tenants include Bank of America and First Horizon among other successful restaurants, salons and retailers. Shopping center is on Crandon Blvd, the main road in Key Biscayne. Unit has 1,044 sq ft.
Essential Information
MLS® #A11550603
Price$1,370,000
Bathrooms0.00
Acres0.00
Year Built1981
TypeCommercial
Sub-TypeRetail
StatusActive
Community Information
Address260 Crandon Blvd C40
Area42
CityKey Biscayne
CountyMiami-Dade County
StateFL
Zip Code33149-1538
Additional Information
Date ListedMarch 14th, 2024
Days on Market64
Listing Courtesy of
Great Properties International LLC
LISTING MAP
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